LDA vice chairman Satyendra Singh Yadav said, "People who have made full payment against the property should not feel cheated as resolving their grievances is our priority.TNN | June 22, 2016, 07:53 IST

LUCKNOW: The Lucknow Development Authority board meeting on Tuesday brought relief to over 4,000 allottees of the city who haven't got possession of their properties (plots/flats) despite full payment on time. LDA board has asked allottees to either take back their money from LDA with 12% interest rate for the number of years they have waited for possession, or they could opt for other property of their choice from LDA's schemes.

LDA vice chairman Satyendra Singh Yadav said, "People who have made full payment against the property should not feel cheated as resolving their grievances is our priority." There are many who have even paid their registration amount and other dues but could not get the possession for various reasons like farmers' dispute, legal issues or delay in development.

Singh said LDA was offering double the interest rate what banks give so that the these allottees could be adequately compensated. "These allottees can even opt for an alternative property of their choice and we will give it them out of turn (without lottery)," he asserted.PLANS FOR THE PROJECTS

Decisions on LDA schemes:

Gomtinagar Yojna: LDA's most coveted scheme of Gomtinagar and its extension faced land disputes and farmers' protest, hence hindering development of the project and delay in possession. LDA estimates that more than 750 allottees paid full amount to the authority but did not get possession. Around 200 persons even paid off registration amount but failed to get possession. LDA is planning to give these allottees priority and allocate them housing unit/ plot in area of their choice.

Vasantkunj Yojna: LDA allotted plots in the scheme to about 2,500 individuals 15 years ago. They paid full amount to the LDA but couldn't get registrations done on time as LDA couldn't acquire all proposed land from farmers and certain patches remained disputed for long. The scheme is planned on about 250 hectares, of which 60 hectares was earmarked for developing community services and medical facilities. LDA has decided to use this 60 hectare land for providing plots to the aggrieved allottees and build facilities at a certain distance in the same scheme. LDA said they will put up camps in the area to provide registrations to the allottees conveniently.

Prabandh Nagar Yojna: Using an innovative method, LDA has decided to take land from farmers in Prabandh Nagar Yojna, near IIM Lucknow through 'land-pooling' instead of acquiring it from them. This scheme sprawls over 1,885 acres, of which about 800 acres is reserved as green-belt. LDA said it was difficult to acquire a huge portion of land from farmers so it proposed to take land from them through land-pooling which implies that LDA will develop land, provide facilities like sewerage, drainage, roads etc and then give 50% of it to the farmer/landlord for his use and keep half for developing housing projects. LDA has announced plan to develop housing units on about 500 acres land in Prabandh Nagar Yojna.